Waterfront Apartment with Private
For Sale
$639,000
Pending
9801 Shore Rd 2B, Brooklyn, NY 11209
Renovated 2-bedroom apartment with water views and private terrace.
Property Size1,000 SF
Days on Market335
Property Features for 9801 Shore Rd 2B
General Information
Standard status
Pending
Size
1,000 SF
Property subtype
Residential
Building Details
Building Size
1,000 SF
Units
99
Listing Agency:
Compass
Listed By:
Athena Salavantis · License #10301218981
(718) 921-0500
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This is a 2-bedroom waterfront apartment featuring a private terrace, located in a luxury doorman building on Shore Road. The renovated home includes a new kitchen with modern finishes, a new bathroom, and flooring throughout. The west-facing private terrace offers sunset views. The king-size primary bedroom includes water views and closet space. The property is located near transportation to Manhattan and close to restaurants, parks, and waterfront paths.
Key Highlights
- Stunning waterfront views from multiple vantage points, including the primary bedroom and private terrace.
- Private outdoor space in the form of a west‑facing terra cotta terrace, ideal for enjoying sunsets.
- Newly renovated kitchen and bathroom with modern finishes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,529
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,580
$610.6K
Cap Rate 7%
$436,129
$436.1K
Cap Rate 9%
$339,211
$339.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$56.6K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$55.5K $55.51/SF
− OpEx
−$25.0K −$24.98/SF
NOI
$30.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,580
Cap Rate 7%
$436,129
Cap Rate 9%
$339,211
Alternative Uses
Best Use
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,529 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$828.0K
$724.5K – $966.0K
NOI $57,960 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 2-bedroom apartment with water views and private terrace.
Where is this apartment building located?
The property is located at 9801 Shore Rd 2B Brooklyn, NY.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Stunning waterfront views from multiple vantage points, including the primary bedroom and private terrace.; Private outdoor space in the form of a west‑facing terra cotta terrace, ideal for enjoying sunsets.; Newly renovated kitchen and bathroom with modern finishes.
